10-26-2012 09:18 AM
I have a quick question for everyone. Is there any way to get hard inquiries removed from my report? They are all legitimate but I just would like to know of there was anyway to get them removed sooner than the 2 year drop-off.
Also, I am in the process of obtaining a mortgage, do you recomend waiting to try and get them removed until after my loan approval?
I already have the pre-approval but I dont want anything to be in dispute during the closing process.
10-26-2012 09:20 AM
They will continue to stay on your report for 2 years, only affecting your FICO scoring for 1. There are shady methods out there, but I would not suggest trying them. They have potential to cause you a lot of problems.
10-27-2012 02:49 PM
Googling inquiry bumping and following the steps will also screw up your CR. You can bump things off you don't want off, split your files, etc.
10-27-2012 03:01 PM
Permissible purpose=authority to receive your CR.
Coding of the inquiry as so-called "hard" or "soft" is not an issue covered or restricted under the FCRA, other than pulls to obtain your name and address for promotional offers of credit.
Disputes over hard-coding are near impossible to support under any provision of statute or regulation, provided the inquiree has provided the CRA with a legitimate permissible purpose. Disputes over any matters relating to inquiries are totally exempt from the direct dispute process, so must be made via the CRA.
With the CRA in possession of a stated permissible purpose, which the consumer does not even see, that kinda forcloses argument of failing to provide permissible purpose.
Not usually worth the time and hassle.